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8
Rivers is deepening its footprint in Durham’s Central Business District.
The firm signed a new 12,574 square-foot office lease at 406 Blackwell Street,
Durham, expanding and relocating from the space it previously occupied in West
Village, to a new space on the fourth floor of the Crowe Building in American
Tobacco Campus. JLL Senior Vice President Jeff Miller and Vice
President Ryan Lawrence represented
the tenant throughout the transaction. Mac Hammer and Doug Cook of Synergy Commercial Advisors represented
the landlord.

“After
exploring the Downtown Durham area, American Tobacco was the right fit for 8
Rivers as they continue to grow through developing, funding and commercializing
new technologies,” Lawrence said. “The creative environment the campus
offers should prove to help with their overall mission.”

“We’re
thrilled to be a part of the growing business and entrepreneurial community in
American Tobacco Campus and Downtown Durham,” said 8 Rivers co-founder Bill
Brown. “This diverse and energetic environment is essential to recruiting
and retaining the talent we need to help address some of the most challenging
problems our world faces.”

Michael
Goodmon, Vice President of Real Estate for Capitol Broadcasting Company, which
owns American Tobacco, added, “8 Rivers adds tremendously to the surging
entrepreneurial ecosystem in Durham as demonstrated, for example, by the growth
of mature companies here as well as our American Underground startup hub.
As American Tobacco approaches its tenth anniversary in 2014, we are thrilled
to have 8 Rivers, with its expertise and keen sense of community, on board for
our continuing journey.”

About 8 Rivers Capital LLC8
Rivers Capital LLC is a Durham, N.C.-based technology commercialization firm
dedicated to identifying critical problems facing the world and developing
innovative solutions that are both cheaper and better than existing approaches.
For more information, please visit 8 Rivers Capital’s website at www.8riverscapital.com.

About Jones
Lang LaSalleJones Lang LaSalle (NYSE:JLL)
is a professional services and investment management firm offering specialized
real estate services to clients seeking increased value by owning, occupying
and investing in real estate. With annual revenue of $3.9 billion, Jones Lang
LaSalle operates in 70 countries from more than 1,000 locations worldwide. On
behalf of its clients, the firm provides management and real estate outsourcing
services to a property portfolio of 2.6 billion square feet and completed $63
billion in sales, acquisitions and finance transactions in 2012. Its investment
management business, LaSalle Investment Management, has $46.3 billion of real
estate assets under management. For further information, visit http://www.jll.com/.

About American Tobacco CampusThe award-winning American
Tobacco Campus offers one million square feet of premium office space in a
historic factory setting bustling with restaurants, entertainment, mature
businesses and the American Underground startup hub. The campus serves
as a bridge from Durham’s past as one of the world’s tobacco centers to its
present and future as a knowledge, science and medical capital.

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